Harvest Partners is a private equity

Private equity

Private equity, in finance, is an asset class consisting of equity securities in operating companies that are not publicly traded on a stock exchange....

 firm focused on leveraged buyout

Leveraged buyout

A leveraged buyout occurs when an investor, typically financial sponsor, acquires a controlling interest in a company's equity and where a significant percentage of the purchase price is financed through leverage...

 and growth capital

Growth capital

Growth capital is a type of private equity investment, most often a minority investment, in relatively mature companies that are looking for capital to expand or restructure operations, enter new markets or finance a significant acquisition without a change of control of the business.Companies...

 investments in middle market industrial, business services, consumer and retail companies.

The firm, which was founded in 1981 by Harvey Mallement and Harvey Wertheim, is based in New York City

New York City

New York is the most populous city in the United States and the center of the New York Metropolitan Area, one of the most populous metropolitan areas in the world. New York exerts a significant impact upon global commerce, finance, media, art, fashion, research, technology, education, and...

. Prior to co-founding Harvest, Mallement was managing partner of Masco Associates, making private equity investments on behalf of Masco Corporation and Wertheim managed venture capital and private equity investment activities at Research and Science Investors, a venture capital

Venture capital

Venture capital is financial capital provided to early-stage, high-potential, high risk, growth startup companies. The venture capital fund makes money by owning equity in the companies it invests in, which usually have a novel technology or business model in high technology industries, such as...

 and investment management

Investment management

Investment management is the professional management of various securities and assets in order to meet specified investment goals for the benefit of the investors...

 firm.

Since inception, Harvest has raised approximately $1.9 billion of investor capital across five investment funds:

• 1992 - $20m - Harvest Partners I
• 1996 - $120m - Harvest Partners II
• 1997 - $362m - Harvest Partners III
• 2002 - $558m - Harvest Partners IV
• 2006 - $815m - Harvest Partners V

Source: Private Equity Intelligence

External links

• Harvest Partners (company website)